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March 04, 2019 04:54 PM

Casio Wins German iF Design Award

Casio LK-511 light-guided electronic keyboard won prestigious 2019 German iF Design Award. This year, 6,400 products were applied from 52 countries and districts.LK-511 has realized easy performance using tile style button layout, and compatibility with smartphones and tablets to add song libraries and practice capability through matched applications.
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According to the 2018 3rd quarter fiscal report announced on February 5, Yamaha closed the term with 333.9 billion yen sales, 1.6% up from the same term a year earlier. Operating revenue rose 16% to 48 billion yen, and ordinary income increased 17.4%. However, net profit went down 25.9%.
Sales of music business segment for the term increased 3.0% to 215 billion yen. Acoustic pianos continued to achieve 2-digit sales increase in China, and also grew in North America and other markets. Digital pia...

Not a few economists have revealed negative views for Japan’s general economy in 2019. Japanese economy has grown from December 2012 to present, the longest 6 years and 2 months beating the previous record after the World War II from Feb. 2002 to February 2008. Despite the positive forecast of the Government that the trend will continue through to 2019, it’s not fully felt by ordinary citizens.
The world economy may be affected by the ongoing trade conflicts between U.S. and China, a...

Japan Music Trades interviewed 14 leading music retailers in Tokyo and Osaka area to ask what they foresee 2019 market and business. 6 retailers replied they expect much in the 2019 market, 7 retailers remarked business would remain unchanged. While, only one retailer expressed negative view that they would anticipate stagnant sales. Here are their comments.
“Sales of our main lines including large keyboard instruments and wind instruments were flat in 2018. I anticipate consumption tax hi...

* Sales, production statistics of music products in Japan appear in July issue of JMT every year (import/export statistics is in April issue).
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List of Japanese & imported pianos manufactured from 1946 to 2017. A full list of Japanese pianos with serial numbers, specifications, finishes, photos. A list of imported pianos with brand names, model numbers, finishes, and retail prices. A must for used piano dealers.